Alphamin Resources Corp. (CVE:AFM – Get Free Report) shares traded down 18.4% on Tuesday . The stock traded as low as C$0.45 and last traded at C$0.47. 3,372,228 shares were traded during trading, an increase of 188% from the average session volume of 1,171,460 shares. The stock had previously closed at C$0.57.
Alphamin Resources Price Performance
The stock has a market capitalization of C$466.72 million, a P/E ratio of 6.38 and a beta of 1.21. The business’s 50 day simple moving average is C$0.86 and its two-hundred day simple moving average is C$1.04. The company has a quick ratio of 2.03, a current ratio of 1.28 and a debt-to-equity ratio of 21.69.
About Alphamin Resources
Alphamin Resources Corp., together with its subsidiaries, engages in the production and sale of tin concentrates. Its principal project is the Bisie tin mine located in the Democratic Republic of Congo. The company was formerly known as La Plata Gold Corporation and changed its name to Alphamin Resources Corp.
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